Company news / Important Cryptocurrency CFD Update

Important Cryptocurrency CFD Update

The FXOpen Team

We would like to inform you of some important updates to our product offering.

Following the decision by the Financial Conduct Authority (FCA) to prohibit retail clients from trading cryptocurrency CFDs, we regret to inform you as of 5th January 2021, you will be unable to open any new cryptocurrency CFD orders or positions.

All positions in cryptocurrency CFDs will need to be closed before 5th January. Any remaining open positions that are not closed by 12:00pm GMT on 5th January will be force-closed at the market price on this date.

These changes only apply to the trading account(s) you have with us at FXOpen UK (www.fxopen.co.uk); the FCA regulated business, and not to any other trading accounts you may hold with our other FXOpen Group companies.

Professional clients are exempt from this change.

All other asset classes are unaffected, and we continue to offer a wide range of FX, indices, commodities and share CFDs.

If you have any questions, please don't hesitate to contact our Customer Support team.

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